Guy Bailey University of Alabama

Business & Education
12:28 pm
Fri November 30, 2012

AP: Resigned UA President Making $535K Annually

Guy Bailey resigned as president of the University of Alabama in October.

The University of Alabama is still paying ex-President Guy Bailey $535,000 a year even though he resigned after just two months on the job.

Bailey cited his wife's health in unexpectedly quitting in late October. But university system spokeswoman Kellee Reinhart told The Associated Press on Friday that Bailey remains on the university payroll.

Bailey is officially on leave through August. He could return to campus as an English professor after that.

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